A Texas-based durable medical equipment supplier submitted roughly $5.5 million in claims to Medicare for orthotic braces, and federal investigators say the company may never have delivered what it billed for. The Centers for Medicare & Medicaid Services disclosed the case this week as part of a broader crackdown on medical-equipment fraud, and it stands…

The Centers for Medicare & Medicaid Services said this week it is cutting off future Medicare Advantage and Part D payments to 11 medical equipment suppliers tied to more than $3.4 billion in suspected fraudulent billing. The agency says all 11 companies billed for equipment supposedly provided to Medicare beneficiaries who had already died, among…

A federal grand jury in Salt Lake City indicted a Salt Lake City woman on health care fraud charges last month, accusing her of billing Utah Medicaid more than $4 million for substance-abuse therapy that prosecutors say was often never provided at all. Jazzamin Tashay Clark, 43, allegedly recruited people experiencing homelessness into “sober living”…

A federal judge in Utah ordered Matthew Shane Perkins to repay investors $77,683,091.96, an amount spelled out down to the penny in the court’s restitution order. That number isn’t money already returned to anyone. It’s the debt a judge says Perkins now owes on top of a 15-year prison sentence handed down September 3, 2026.…

A former relationship banker at a Regions Bank branch in Memphis has been permanently prohibited from working in banking again after federal regulators found she took part in a scheme that cashed counterfeit and fraudulent checks. The Federal Reserve’s Board of Governors finalized the consent order in early August and announced it publicly days later,…

Three credit unions in three different states each had a former employee permanently barred from the industry this year, and the National Credit Union Administration named every institution and individual when it announced the orders. None of the three credit unions is in any regulatory trouble itself; each order applies only to the person who…

The National Credit Union Administration has permanently barred three former credit union employees from ever working in banking again, using an enforcement tool the agency applies more often than most account holders realize. The orders close out separate misconduct cases at three federally insured credit unions without a criminal trial, based on each person’s written…

When a lab runs a genetic test, it isn’t just testing the patient’s sample. Built into every test run is a “control” sample with a known, expected result, run alongside the real one specifically to prove the equipment and chemistry are working correctly that day. According to the Justice Department, a California skin-testing company reported…

Federal regulators have put a number on one of the fastest-growing fraud problems in the country. On September 3, 2026, the Treasury Department’s Financial Crimes Enforcement Network released an analysis of suspicious-activity reports tied to crypto investment schemes, along with a fresh alert instructing banks and other financial firms on what to watch for. The…

A federal judge in St. George, Utah, sentenced Matthew Shane Perkins to 15 years in prison this month for a wire fraud scheme that pulled in at least $89 million from roughly 200 investors. Perkins built his pitch on a reputation as a “savant” trader who almost never had a losing day, and investors sent…